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Tag: Shopping

Retail Asia23/11/2023
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E-Tailing

Half of Vietnamese population shops online

3min0
More than half of Vietnam’s population shopped online last year as both supply and demand in the e-commerce sector continue to boom. Dang Anh Dung, deputy CEO of Lazada Vietnam, told the forum on e-commerce on Tuesday that a report by Google and Temaske & Bain said around 57 million Vietnamese made online purchases last […]
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Retail Asia14/09/2023
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E-Tailing

TikTok launches online shopping in the US

3min0
With over 150 million users in the United States, social media juggernaut TikTok, is embarking on a groundbreaking journey that could redefine the way we shop online. After months of testing, the platform officially integrates e-commerce into its social media ecosystem, offering users a unique blend of entertainment and shopping. The strategic move comes as TikTok […]
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Retail Asia14/09/2023
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E-Tailing

Indonesia to ban online shopping via social media

2min0
Indonesia’s government is preparing to introduce a series of new business regulations that will prohibit the sale of products via social media. During a parliamentary hearing, the Indonesian Deputy Trade Minister, Jerry Sambuaga, announced this. “Social media and social commerce cannot be combined,” the official said, reiterating the government’s intention to crack down on “predatory” […]
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Retail Asia02/08/2023
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Research

Cart Abandonment: Reducing Friction at the Point of Conversion

10min0
In the fast-paced world of ecommerce, cart abandonment has become a significant challenge for retailers. With the rise of omnichannel fulfillment and the increasing demand for fast and convenient delivery options, the complexity of the fulfillment process has escalated. As consumers’ expectations continue to soar, the importance of delivery and pickup experiences has transitioned from […]
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Retail Asia15/05/2023
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Food

FamilyMart Malaysia to open 300 halal-certified stores

4min0
In a statement shared today (May 10) by FamilyMart Malaysia, the convenience store chain announced that its FamiCafé in Menara U, Shah Alam, has obtained halal certification from Jabatan Kemajuan Islam Malaysia (JAKIM). This makes it the first convenience store café in Malaysia to receive this certification. Based on a check on the Halal Malaysia Official Portal, […]
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Retail Asia18/04/2023
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General

WinMart’s loss triples in 2022

1min0
WinCommerce, the operator of WinMart retail chain, saw its loss tripling from 2021 to VND445 billion ($18.97 million) last year. Since being acquired by Masan Group from Vingroup in 2019, WinCommerce has not been able to turn a profit. Its revenues declined 5% to VND29.37 trillion last year. Its equity rose marginally to VND3.98 trillion, […]
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Retail Asia08/03/2023
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General

Aldi sued over ‘copycat’ snacks

3min0
Australian children’s snack food brand Little Bellies is suing German supermarket chain Aldi for alleged copyright breaches of several organic fruit and vegetable puff snacks. Aldi, which famously mimics well-known brands and creates comparable in-house products at a much cheaper price, has emerged victorious in several legal battles in Australia since it launched here in 2001. US […]
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Retail Asia07/02/2023
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Fashion

H&M to shut high-profile Singapore store

3min0
 H&M’ s two-storey Ion Orchard outlet is closing in March, after a run of more than a decade. Opened in 2012, the store’s last day of operations is on March 12, according to a Facebook post by the Swedish fast-fashion brand on Feb The post added: “But don’t worry. We’ll meet in other places.” The […]
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Retail Asia10/10/2022
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General

Aeon plans to triple Vietnam malls

2min0
Japanese retailer Aeon plans to triple the number of malls in Vietnam by 2025 as part of its expansion strategy to meet the needs of a growing middle class population. A report said the number of Aeon malls will nearly triple to 16 throughout Vietnam. Aeon has some 200 stores in Vietnam at present, including six […]
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Retail Asia17/12/2021
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E-Tailing

B2B shopping app taps Vietnam’s e-commerce potential

4min0
The ranking of businesses in Vietnam’s map of e-commerce changed in the second quarter of 2021, with the volume of Google searches for essential online stores skyrocketing, according to an iPrice Group study. The study showed online groceries were the only category to maintain steady and consistent growth since the beginning of the pandemic. Google […]
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Retail Asia01/11/2021
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Fashion

Hermes reopens it’s Shanghai flagship

7min0
On 29th October 2021, Hermès is delighted to open the doors of its newly renovated store in the prestigious Plaza 66 in Shanghai. Spanning over two floors and 656 m2, the vision for this store evokes the richness of the local culture and Hermès’ connection with the city of Shanghai, creating an engaging backdrop for discovering […]
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